WETH or cirBTC as collateral. USDC when you need liquidity. We are reviewing both candidates on Arc, with one initial market to be selected only after its funding, pricing and exit paths are checked.
00 / WETH INTEGRATION REVIEW
One route. A closer look.
ARC MAINNET / AAVE V4 MAIN SPOKE
WETH → USDC
Third-party market observation · No TENVEIL loan is enabled.
READ ONLY / EXECUTION DISABLED
Observed Hub USDC liquidity
—USDC · Shared across spokes, not your borrowing capacity
WETH collateral factor
—Observed parameter, not a recommended loan-to-value ratio
Main Spoke reserve flags
CheckingConfiguration only · Not a loan quote or approval
Observed block: —
Observation time: —
Contracts, reserve flags and observation limits +
Contract readings are unavailable until a complete check succeeds.
Liquidity is shared across the Hub. Spoke caps, utilization, user permissions and market conditions can further limit a loan. The collateral factor is not a safety margin or a borrowing recommendation.
Oracle freshness, executable prices, liquidation depth, custody and bridge risks, user eligibility and the full transaction path still require review. These observations do not establish an audit, partnership or TENVEIL lending availability.
01 / COLLATERAL CANDIDATES
Two assets to examine. One market to earn its place.
The proposed loan asset is USDC. These references are for research, not deposit addresses. Neither candidate is approved for borrowing through TENVEIL.
Ether, represented on Arc
WETH / USDC
CANDIDATE · NOT ENABLED
Ethereum WETH held in escrow; a bridged representation on Arc. Not a native ETH deposit.
Contract interface
Checking
Borrow rate
Not quoted
Borrowing limit
Not configured
Bridge availability, upgrade controls and executable exit liquidity need review alongside ETH price risk.
Code and decimals at one block do not establish audit coverage, market liquidity, eligibility or borrowing availability. Each candidate is checked independently; the blocks may differ. Observations may be reused for up to 10 seconds.
Bitcoin, wrapped by Circle
cirBTC / USDC
CANDIDATE · NOT ENABLED
A custodial BTC wrapper with issuance on Arc. Not native Bitcoin and not unrestricted access to redemption.
Contract interface
Checking
Borrow rate
Not quoted
Borrowing limit
Not configured
Custody, issuer controls and redemption access matter. A BTC/USD feed may not capture a cirBTC depeg.
Code and decimals at one block do not establish audit coverage, market liquidity, eligibility or borrowing availability. Each candidate is checked independently; the blocks may differ. Observations may be reused for up to 10 seconds.
6 decimals at the ERC-20 interface · 18 native decimals. Both interfaces represent the same balance.
Interface check
Checking
Observed block
—
Observation time
—
What this observation establishes
A runtime code hash records the code returned at that block. It does not establish provenance, an audit, or ERC-20 compliance. Observations may be reused for up to 10 seconds; their original timestamp stays unchanged.
03 / NETWORK & MARKET STATUS
An honest view of what is connected.
Network responseChecking
Latest observed block—
Proposed loan assetUSDC Design denomination
Lending integrationNot configured
The first market needs more than a connection.
No lending provider or eligible collateral market is configured for TENVEIL on Arc. This describes our integration status—not the number of markets in the Arc ecosystem.
01 / REVIEW REQUIRED
Collateral eligibility
Review the WETH bridge or cirBTC custody, Arc contract controls, transfer restrictions and participant eligibility.
02 / REVIEW REQUIRED
Loan capital
Select an Arc lending integration and establish the source and terms of USDC financing.
03 / REVIEW REQUIRED
Pricing & liquidation
Review price freshness, wrapper depeg scenarios and executable liquidation liquidity.
04 / REVIEW REQUIRED
Execution & custody
Verify deployment addresses and test the complete borrow, repay and collateral-release paths.
THE VERIFICATION BOUNDARY
Useful evidence. Clear limits.
The network check calls the official Arc mainnet RPC and compares its reported chain ID with 5042. A block height confirms that the endpoint returned network data at the observation time. It is not a collateral assessment, a loan quote or evidence of available credit.
WETH depends on a bridge; cirBTC carries custody and issuer risk. A familiar BTC or ETH price does not rule out a wrapper depeg. Oracle freshness, actual USDC liquidity, borrow costs and executable liquidation routes must be reviewed before a TENVEIL market is enabled. Borrowing creates debt and can end in a forced sale. Native BTC and ETH cannot be sent to these references as deposits.
Arc uses USDC for gas. Its native interface uses 18 decimals and its ERC-20 interface uses 6; they share one balance. Our proposed credit denomination is USDC. No deposits, approvals or borrowing transactions are available in this market view. TENVEIL is an independent project, not an official Circle product.